Resource allocation based on cost efficiency |
| |
Authors: | Akram Dehnokhalaji Mojtaba Ghiyasi Pekka Korhonen |
| |
Institution: | 1.Department of Information and Service Economy, School of Business,Aalto University,Helsinki,Finland;2.Department of Computer Science, Faculty of Mathematical Sciences and Computer,Kharazmi University,Tehran,Iran;3.Department of Business Economics, Centre of Health Economics Research,University of Southern Denmark,Odense M,Denmark;4.Faculty of Industrial Engineering and Management Sciences,Shahrood University of Technology,Shahrood,Iran |
| |
Abstract: | In this paper, we consider a resource allocation (RA) problem and develop an approach based on cost (overall) efficiency. The aim is to allocate some inputs among decision making units (DMUs) in such way that their cost efficiencies improve or stay unchanged after RA. We formulate a multi-objective linear programming problem using two different strategies. First, we propose an RA model which keeps the cost efficiencies of units unchanged. This is done assuming fixed technical and allocative efficiencies. The approach is based on the assumption that the decision maker (DM) may not have big changes in the structure of DMUs within a short term. The second strategy does not impose any restrictions on technical and allocative efficiencies. It guarantees that none of the cost efficiencies of DMUs get worse after RA, and the improvement for units is possible if it is feasible and beneficial. Two numerical examples and an empirical illustration are also provided. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|